Stocks making the biggest moves premarket: Goldman Sachs, ASML, Diageo, Johnson & Johnson and more

CNBC

2 days ago

Check out the companies making headlines in premarket trading. Bank of America — Shares popped 1.5% after the bank earned 89 cents per share for the second quarter, beating the consensus forecast of 86 cents a share from analysts polled by LSEG. But revenue came in at $26.61 billion, slightly below the $26.72 billion figure penciled in by Wall Street. Morgan Stanley — Shares ticked 0.3% lower despite the financial institution beating second-quarter estimates. Morgan Stanley earned $2.13 per share and saw $16.79 billion in revenue, while analysts anticipated earnings of $1.96 a share and $16.07 billion in revenue, per LSEG. Goldman Sachs — The bank stock rose 1.5% after second-quarter earnings surpassed Street predictions. Goldman earned $10.91 per share on $14.58 billion in revenue, while analysts surveyed by LSEG forecast $9.53 a share and $13.47 billion, respectively. ASML — The stock dropped 7% after the semiconductor company warned it may see no growth in 2026, citing macroeconomics and geopolitics. The news sent chip stocks such as Broadcom and AMD lower. Johnson & Johnson — Shares of the pharmaceutical giant rose more than 2% after second-quarter results beat estimates. Johnson & Johnson earned $2.77 per share after adjustments on $23.74 billion of revenue. Analysts surveyed by LSEG were looking for a profit of $2.68 per share and revenue of $22.84 billion. The company also raised its full-year guidance for several metrics, including adjusted earnings. Crypto stocks – Stocks tied to the crypto market bounced on renewed optimism Congress could pass key stablecoin legislation this week. Ether treasury stocks were the biggest gainers: BitMine surged 20%, while SharpLink jumped 14% and Bit Digital gained 5%. Bitcoin proxies advanced too, with MicroStrategy up 1.5% and Mara Holdings rising nearly 3%. Diageo — Shares climbed 3.3% on a Financial Times report , which cited people familiar with the matter, that the Ketel One and Captain Morgan parent's board is planning to replace CEO Debra Crew. Commvault Systems — Shares of the data protection company rose about 2% after Guggenheim upgraded it to buy from neutral, with a $210 price target that represents roughly 20% upside. Analyst Howard Ma said he expects Commvault could deliver on key metrics that will help it deliver revenue growth and free cash flow margin over 20% this year. GDS — The Chinese data center operator rose about 1% following an upgrade to overweight from neutral at JPMorgan. The bank said that the stock would be a beneficiary of Nvidia resuming the sales of its H20 chips in China. — CNBC's Lisa Han, Tanaya Macheel, Jesse Pound, Sarah Min and Michelle Fox contributed reporting